Syndicate Bank does not count among the market‘s favoured bets in the banking sectors at the moment. In the last one year, the bank‘s shares tanked 21%, compared to a 14% decline in the benchmark Bankex. Declining profits and lack of a clear growth plan were the key factors for the underperformance.
Sell Vijaya Bank with target of Rs 50, says VVLN Sastry, Firstcall India.
Sell Bata India, says VVLN Sastry, Firstcall India.
Sell Sobha Developers, says VVLN Sastry, Firstcall India.
Sell JSW Steel, says VVLN Sastry
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Bull's Eye is the popular game show where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Top Indian shipping services companies, still reeling under margin pressure due to soft rates in the dry bulk and crude carrier segments, are looking to expand their presence in the oil and gas segment hoping the oil rally to continue.
India's largest power generator National Thermal Power Corporation (NTPC) has commissioned a 500 MW unit-3 power plant at its Andhra-based Simhadri Super Thermal Power Project, the company said in a release sent to the stock exchanges. With this, the company's total capacity has risen to 34,194 MW with Simhadri plant contributing 1,500 MW.
Realty shares extended their winning streak on Thursday, with shares like Indiabulls Real Estate, Sobha Developers, HDIL and DLF rising between 2-4.5% in morning trade.